Community banking
Community banking
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The Treasury Department and U.S. Department of Housing and Urban Development jointly agreed to allow the Making Home Affordable Program to continue to be available to American families for an additional two years through Dec. 31, 2015.
May 30 -
Carlyle Group plans to sell roughly $40 million of common stock in Boston Private Financial Holdings.
May 30 -
Southwest Bancorp in Stillwater, Okla., and Bank of Kentucky in Crestview Hills have completed exits from the Troubled Asset Relief Program.
May 30 -
Community banks and credit unions now have two years to continue originating balloon loans to all customers, a major change from a prior proposal that would have banned such loans except in rural or underserved markets.
May 29 - Florida
Banco Sabadell in Spain has agreed to buy Lloyds Banking Groups international private banking business in Miami.
May 29 -
While banks hit a landmark with their $40.3 billion in earnings, it appeared partly due to idiosyncratic transactions at big banks and was not a sign of a resurgent industry.
May 29 -
Small-business owners are generally satisfied with their access to funding and about one in five plans to apply for a loan in 2013, according to a new survey from Bank of America (BAC).
May 29 -
Latin American banks are eager to expand in South Florida, but there are few banks in Miami that can provide immediate heft. As a result, even the city's smallest banks could spark bidding wars if they choose to sell.
May 29 -
Congress is pushing ahead with legislation aimed at requiring financial institutions to share information about cyber threats. Banks are pushing back, however, over fears that they'll get caught between new disclosure requirements and demands that they protect customers' privacy.
May 29 - New Jersey
Delanco Bancorp in N.J. (DLNO) said Wednesday it would reorganize itself from a mutual holding company structure via the sale of stock in a new company to be formed in connection with the conversion.
May 29 -
The Troubled Asset Relief Program will cost taxpayers less than expected.
May 29 -
The banking industry earned a record $40.3 billion in the first quarter as rising noninterest income and the continued drop in loss provisions made up for declines in interest-related income, the Federal Deposit Insurance Corp. said Wednesday.
May 29 -
Skowhegan Savings has agreed to buy five branches from fellow Maine lender Camden National Corporation.
May 29 -
A decade after changing its name to reflect a broader geographic reach, ISB has reverted to its former name, Ixonia Bank.
May 28 -
A Chilean bank's plan to keep the Miami bank intact is a better outcome for the market than a sale to an existing regional bidder, industry observers say.
May 28 -
The long-held notion that community banks, by definition, provide exceptional customer service is getting debunked.
May 28 -
It didn't take long for Live Oak to explode onto the SBA lending scene. Though it has just $330 million in assets, CEO Chip Mahan's latest banking venture trails only Wells Fargo and U.S. Bank on the government's list of the most active SBA lenders.
May 28 -
A federal jury convicted three former executives at the failed Bank of the Commonwealth in Norfolk, Va., of hiding the bank's bad assets for their own gain.
May 28 -
Anchor BanCorp Wisconsin (ABCW) in Madison lost $17.5 million in the first quarter despite an improvement in credit quality.
May 28 -
As long as your corporate social responsibility program is a true effort to give back, it can pay huge dividends for everyone involved.
May 27






